Who We Are
Who We Are
Supporting the freight electrification revolution in India
e-FAST was born from the recognition of the urgent need to decarbonize road-based freight transportation in India to realize its 2070 net zero commitments. e-FAST is a platform that facilitates deliberation, debates and collaboration between different stakeholders including the government, Original Equipment Manufacturers, Logistics Service Providers, Shippers, and industry experts to enable the development and adoption of electric technology in the freight sector at scale.
What is The Current State of Freight Electrification in India?
Difficult to Abate Sector
- Complex and disaggregated sector
- Higher upfront cost for sustainable fuel alternatives
- Lack of technology integrated/monitored operations
Collaborative industry efforts
- LSPs & Shippers joining hands for truck leasing/ buying
- OEMs exploring newer models
Efforts in pipeline for accelerating adoption of ZET
- R&D in zero emission technology
- Innovative financing models
- Win-win business solutions
- Policy support
Key Action Areas
Market Acceleration
- Support industry participants to identify and address barriers in technology adoption and deployment of electric technologies in freight.
- Stimulate investment and development of electric freight by the private sector by estimating demand trajectory.
- Explore innovative financing and business models.
Informing Decision-makers
- Inform decision makers to ensure adequate resources and funding to support innovation that meets industry needs.
- Support governments in identifying and streamlining incentive programmes.
Stakeholder Engagement
- Create opportunities that bring together all stakeholders across the freight ecosystem, to strengthen partnerships and enable relevant dialogues
- Support freight pilots with technical tools and funding sources
- Develop planning tools to promote uptake of freight electrification
